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Johanes
Feb 20, 2018 7:19 PM

CADCHF Long 0.7400 SL 0.7300 T 0.7800 Long

CANADIAN DOLLAR / SWISS FRANCICE

Description

CADCHF seems feasible to long by entering the trade.

Comment

The risk on the long trade seems to be lower and lower.

Comment

USDCHF has been strongly turned to upward and CHF-based band also turned to upward. However, exception on USDCHF the other CHF-based pairs are still under pressure by the current USD-based band. Thus, risk remains to be seen with exception on USDCHF.
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